VSYM.OB, VDSI, NYSE:CSR Security Technology Stock and Second Quarter Results from CRWESelect.com
Posted on7/26/2010 6:12:01 PM in #Finance | 0 comments comments
 China Security & Surveillance Technology, Inc. (NYSE: CSR) designs, manufactures, sells, installs, services and monitors electronic surveillance and safety products and solutions, including related software, in China. Its customers are mainly comprised of government, commercial, industrial and education entities. CSST has built a diversified customer base through its extensive sales and service network that includes branch offices and distribution points throughout China.
CSR second-quarter 2010 financial revenues totaled $168.35 million versus $141.92 million in the second quarter of last year, driven by improvements across all segments and continued growth of industry demand for surveillance and safety products in China. Government customers accounted for 55% of total revenues, while corporate customers accounted for 45%. Second- quarter revenues were all organic as all subsidiaries have been acquired for more than one year. The organic revenues demonstrated a year-on-year increase of 32.2% compared with the same quarter of 2009.
CSR gross profit totaled $43.36 million, up 39.8% from $31.02 million in the second quarter of last year. Gross margin expanded 390 basis points to 25.8% in this quarter compared with 21.9% in the second quarter of last year. The increase was led by improved margins on sizeable government contracts in the Installation Segment in the quarter.
For more information about this company please visit http://www.csst.com
 View Systems, Inc. (VSYM.OB) manufactures and installs weapons detection identification systems, video management platforms and tele-data communication networks targeted towards correctional facilities, schools, courthouses, government agencies, event and sports venues, and commercial businesses.
VSYM recently reported that a military facility has placed an order for an Multi-Mission Video Recorder (MMV).
View Systems, Inc. Multi-Mission Video Recorder (MMV) was designed with input from hundreds of first response professionals and emergency teams. It is a multi-mission video system that is meant to be worn by forward operators.
This rugged and compact system is easy to deploy and use. The body-worn camera and transmitter set send clear and steady video back to scene commanders in real time. The system signal can also be encrypted so that the video can only be seen at the specific viewing console. The unit can also be placed on K-9 units during law enforcement search and rescue operations. For more information on VSYM Multi-Mission Video Recorder (MMV) product, please (Click Here)
Over the past few months, purchase orders for the View Systems, Inc. Concealed Weapons Detection System totaling over $145,000 have been received from, to name a few, a courthouse in western Maryland, a correctional mental health center in Maryland, a correctional treatment facility in New Jersey and a Sheriff`s office in Georgia. The Maryland Department of Public Safety and Correctional Services also purchased a set of units in July which were placed in several correctional facilities around the state.
For more information about this company please visit http://www.viewsystems.com
 VASCO Data Security International Inc. (NASDAQ: VDSI) is a leading supplier of strong authentication and e-signature solutions and services specializing in Internet Security applications and transactions. VASCO has positioned itself as global software company for Internet Security serving a customer base of over 9,500 companies in more than 100 countries, including approximately 1,450 international financial institutions. VASCO's prime markets are the financial sector, enterprise security, e-commerce and e-government.
VDSI recently reported revenue for the first quarter ended March 31, 2010. increased 3% to $23.9 million from $23.2 million in the first quarter of 2009. Net income for the first quarter of 2010 was $0.6 million, or $0.01 per fully diluted share, a decrease of $2.9 million, or 83%, from $3.5 million, or $0.09 per fully diluted share, for the first quarter of 2009.
VDSI will release its second quarter 2010 results on July 27, 2010.
For more information about this company please visit http://www.vasco.com/
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